Barack Obama
Some companies in the corporate sector think they are
"too big to fail." However no company is "too big to fail."
Looking back through corporate history there are on companies that have
collapsed and closed, such as Enron, WorldCom and Washington Mutual, to name a
few, who were once thought to be invincible.
Those were all big companies that failed, collapsed and are
now gone. A memory. No company is too big to fail, but it is a lesson the
corporate sector has not truly learned, taking dangerous risks on financial
instruments that devastate economies. Some corporations have become too corrupt
to stay in business, but their haughty way of thinking they are "too big
to fail" or go to jail, will be their downfall.
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